News about properties and real estate
Foreclosed homes leave remaining owners to pick up the tab [Central Florida] Tom Beard knew that he would be paying homeowners association dues when his family moved into a new Tivoli Village town house in east Orlando. But he never thought he would be footing the dues owed on dozens of empty homes, most in …
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Boca Raton 34-year-old charged with mortgage scam has to give up Rolls Royce, Ferrari and more A U.S. Secret Service investigation into an alleged mortgage scam run by a 34-year-old Boca Raton man has led to his arrest and seizure of assets including a Rolls Royce Phantom, Lamborghini, Ferrari and 42-foot Fountain racing boat. Jason …
Former Naples Realtor sentenced to probation in mortgage scam [South Florida] A former Naples Realtor has been sentenced to three years of probation and has been ordered to pay nearly $2.4 million in restitution for her role in an $11 million multi-state mortgage scam. Margaret Giresi, 70, pleaded guilty to conspiracy on Sept. 14 in …
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Barbary Coast – A Foreclosure Crisis Rooted, the Family Says, in Predatory Lending Giuseppa Bagnarol, 82, was in her final hours in August, dying at home surrounded by the large family she presided over as matriarch. They gathered to say goodbye at the bucolic Redwood City retreat Mrs. Bagnarol had created — a compound of …
Condo mortgages could be easier to get under Fannie Mae program Florida condominium loans could be easier to get under a program announced Thursday by government-run mortgage company Fannie Mae. The company has named a team of six employees to review hundreds of condo projects statewide that may not meet Fannie Mae’s eligibility criteria for …
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Florida Supreme Court orders mediators to be first step in foreclosure cases Florida’s troubled homeowners and their lenders will increasingly meet at the bargaining table under a state supreme court order issued today that aims to reduce a foreclosure overload. The administrative order written by Chief Judge Peggy Quince creates a statewide program that requires …
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